Lake Shore DRIVE, Lake Mary, FL, 32746 | $299,000

VIEWS, VIEWS, VIEWS! Beautiful, unique property located in the middle of Lake Mary with lake and golf course views. 7+ acres of land with elevated area for building (per elevation, above 100 yr flood plain), buyer to confirm area and suitability. This pristine land is old Florida with hardwood trees and features lakes on 2 sides and views over Timacuan Golf course on a third side. Access to the property is via Easement from neighboring property but will need utilities and fill dirt for an access way. Property is accessed through Timacuan, hidden away at the back of the community with no HOA fees and entry via a private access road, perfect for a unique, private estate home with golf and lake views. The newly-private Timacuan Golf Club has been undergoing course renovations and this property is located between the 16th and 17th holes and features golf course, wildlife, lake and nature views. Fantastic opportunity to build a home in the middle of Lake Mary with easy access to shops, restaurants, amenities, walking trails and highly-rated school district.

Features

  • Lot Size: 506 x 676 x 506 x 676
  • View: Golf Course, Trees/Woods, Water
  • MLS#: O6089568
  • Days on Market: 293 days
  • Website: https://www.raveis.com
    /prop/O6089568/lakeshoredrive_lakemary_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/14/2024 3:17:11 PM)

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203.368.8100

Rachel.Fowler@raveis.com

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NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

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Lake Shore DRIVE, Lake Mary, FL, 32746

$299,000

Rachel Fowler

Sales Vice President

William Raveis Real Estate

Phone: 203.368.8100

Rachel.Fowler@raveis.com

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $239,200 $239,200 $239,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.171% 6.518%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,632 $1,590 $2,051
Total Monthly Payment $1,707 $1,665 $2,126

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.